I've got a friend in the business, who doesn't really cut me any breaks, he knows he can "slip" my job if a bigger one comes up, and most important he doesn't have to charge me the FULL SLAB, as long as I use a very common granite!

Focusing on commonality and how a deal will benefit them always helps.

So in a nutshell, is the following scenario at all likely?

If it is then I would try it.In reference to is it bad business, I would say that it is very common.

In this scenario, wouldn't the mortgage have to be assumable?

Either scenario is possible...You could possibly qualify for a LOC up to 89.99 CLTV; check out this lender http://www.guarantybanking.com/loans/he/loans.asp for further details.Regards,Scott Miller Originally posted by "5jimbo5":are you talking about a first at 90%, or a 10% LOC after putting on first(refi). i'm talking about a F&C property with only 2 months seasoning.jim

:wink: i love that word - "lurk" - it's a very common word used on this site.

Dona would come over and say, “Hey, guys, common over – let’s have lunch...”

This is more a higher end kind of investment, with carefully thought out design (not just mixmatched furniture or things you might find in a hotel or something).I'm sure this is common and there is probably an official term that is used when referring to it.

50% - 50% split of profits is common with a money partner.